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Gold Slump?

On Monday the price of gold bullion fell by 7.7%, the largest one-day fall in its price since 1983, and the third biggest fall on record. Analysts are somewhat puzzled by the fall in gold prices over the past few weeks (it is down about 30% from its high) as there have been no significant changes in underlying fundamentals. Could it be that there was a gold bubble? Click here to read more.

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The Failure of Herstatt Bank

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